107 Acres Near New Publix For Sale

Vacant Land for Sale
Catylist Listing ID: 30868307
Property Subtypes: Multi-Family, Residential (Single Family)
Gross Land Area: 107 Acres
Sale Price: $8,000,000
Unit Price: $74,766 Per Acre
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 4/5/2024

Overview / Comments

This 107 contiguous acres offering is situated at the east end of Jefferson County (and partially in Shelby County), off Shelbyville road with easy access to I-265 and I-64.

The site is minutes from a new Publix supermarket, and the area has seen significant growth of single family residential developments. To the east, Simpsonville, KY offers The Outlet Shoppes, plus major new industrial/warehouse hubs.

Single family homes, townhomes, or multifamily apartments would all be possible uses for the property. Alternatively, this offering is ideal for an investor looking to landbank a strategically located large parcel of land.

Additional Details

Nearest MSA: Louisville/Jefferson County
County: Spencer
Tax ID/APN: 003400150000
Zoning: R-4

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 850 7,711 34,085
Median Age: 37.38 41.19 39.51
Households: 293 2,782 12,106
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